CONSIDERATION

What is consideration in contract law?

[eshararandeniya]

wow that was amazing! i was beginning to think there was no way by which i could read all the recommended reading before the exam and that i was ruined... This was simple and easy to grasp saved me a lot of trouble...!!!! THANK YOUUUU

[emilyj]

In the offer and acceptance video you said there are four main elements to formation of contracts, offer and acceptance, consideration, intention to legally bind, and capacity. I found the first two videos very helpful and for the first time I feel like I actually understand contract, and so I would love it if you could do videos on the remaining two topics.

[athiaadams]

this was an extremely well detained and informative video

[shanc]

Love this video. I would love an intention and capacity video.

[janicepurr]

Thank you for all your great presentation! Reallyy, , Great work!
Replace my prof

[charlesohanwe]

Very helpful video, helped me revising for my end of year exams

[kiwikiwi]

Precedent upheld by pinnel’s case and foakes v beer still establishes the idea that partial payment of debts is not binding, ie it cannot constitute good consideration. Roffey brothers principles can only apply to part payment cases if there is something more than just financial benefits to the offeror to be seen as good consideration. Ie if the landlord offers tenancy to be paid by tenant for a smaller amount, as long as he stays living in the flat, since the tenant remaining and maintains the welfare of the property is another service that benefits the offeror, this is good consideration and binding on the landlord.

[nzaun]

This could be a late comment but please do a video on dispatch rule and receipt rule.

[daveclark]

Simon, love the videos! When you talk about Stilk v Myrick 1809 etc.. I don’t understand why this is not considered a counter offer. Ie. When the ships captain offered more money to the sailors in the voyage, then this is a counter offer, which according to your earlier video on offer & acceptance this would mean all prior agreements are null and void!!! Please help me to understand this...thank you!

[angelineshillingford]

Any more contract law and tort videos appreciated

[teresawong]

hi, may I know what if the party A agrees to transfer party B money, and party B said she will deliver the cake for party A once she make the payment. Then party A transfer party B money for the cake, and in this consideration what's case study that we can write about?

[aidaphiloche]

Must consideration be the same amount as the offer ? For instance, I sell a bike to a friend for £100 but that friend can only pay me at the moment half of the price. Is there a contract that's enforceable in that case ? Thanks :)

[angelnanette]

Capacity to contract..can you please elaborate?

[christabelohene]

Please I have a question
If James owes John $2000. When pressed for payment James say “I would give u $500

[Anonymous-ozgx]

I hate your male/female cartoon representations, I hate them. But great content, I learnt a lot about consideration